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TRUSTOR:
<br />JOHN 0. CLARK AND KIMBERLY D. CLARK
<br />2116 NASHVILLE
<br />GRAND ISLAND, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: a8k of Doniphan
<br />Box 270
<br />Doniphan NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 BOX 270
<br />DONIPHAN, NE 689320270
<br />470490809
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />Property: LOT THIRTY 130), JEFFREY OAKS SIXTH (6TH) SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 2116Hp5HVRlE .........................
<br />.....
<br />(County)
<br />...................... ....................................... ........ ........... OBAIPRISONO................... Nebraska .........666p3........
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be par[ of the real estate described above (all referred to as 'Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ ... 1 T.7 09P.-.0.0 500.00 This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform Say of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory muds), contract(s), guaramy(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include hents such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI (P.! /4I
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<br />Space Above This Line
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑
<br />Master form recorded by .............................
<br />�—
<br />DATE AND PARTIES.
<br />The date of this Deed of Trust (Security Instrument) is ................
<br />March
<br />.....
<br />7 2003
<br />.I , .........................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />JOHN 0. CLARK AND KIMBERLY D. CLARK
<br />2116 NASHVILLE
<br />GRAND ISLAND, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: a8k of Doniphan
<br />Box 270
<br />Doniphan NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 BOX 270
<br />DONIPHAN, NE 689320270
<br />470490809
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />Property: LOT THIRTY 130), JEFFREY OAKS SIXTH (6TH) SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 2116Hp5HVRlE .........................
<br />.....
<br />(County)
<br />...................... ....................................... ........ ........... OBAIPRISONO................... Nebraska .........666p3........
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be par[ of the real estate described above (all referred to as 'Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ ... 1 T.7 09P.-.0.0 500.00 This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform Say of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory muds), contract(s), guaramy(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include hents such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI (P.! /4I
<br />®19949enkeu sY +lama. Inc., 9t LIOuJ,MN From REOT -NE 11.0 OuI
<br />
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